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C070802Closed Session — July 8, 2002, 5:02 p.m. At 5:02 p.m. the Board adjourned to closed session to discuss matters relating to the location of expansion of business in the area, pursuant to NCGS 143-318.11(a)(4). Commissioners Kemp, Frye, Holmes, Mason and Davis were present, as well as County Manager Frank Willis; Cheryl Ivey, Deputy Clerk; Alan Pugh, County Attorney; Aimee Scotton, Staff Attorney; David Townsend, III, and Bonnie Renfro from Randolph County Economic Development Corporation. Bonnie Renfro updated the Board on the Ford Motor Company project and said that she had worked with David Townsend in drafting a letter to the investor who would buy the site. This investor would lease the property to Ford. The letter stated that we could deliver the infrastructure within their desired time frame. She has not received any response from this letter yet. Ms. Renfro then updated the Board on the NT Techno project and said that it was looking very favorable for Randolph County. She suggested setting a public hearing for a CDBG for the installation of water and sewer under the railroad tracks without releasing the name of the company. David Townsend recommended that we go ahead and apply for a railroad permit to get the infrastructure under the tracks since a permit is good for 5 years. She said that there is a possibility that Randolph County would have to invest as much as $500,000 to this project. Next, Ms. Renfro said that Yankee Commodity Foods is interested in leasing the Luck's facility in Seagrove. This would bring 75 new jobs to Seagrove. The company has submitted a formal offer to ConAgra, pending survey and wastewater issue. Yankee will require up to 80,000 gallons per day wastewater. She said that she is trying to set up a meeting with DENR regarding the wastewater permit. The Board decided to hold a public hearing at their August meeting regarding the CDBG application for infrastructure for the NT Techno project without releasing the name of the company. They asked Ms. Renfro to tell the City of Liberty that they need to obligate some kind of funding for this project. At 5:40 p.m., on motion of Davis, seconded by Frye, the Board voted unanimously to resume open session. Phil Kemp, Chairman J. Harold Holmes Robert O. Mason Darrell L. Frye, Vice Chairman Robert B. Davis Cheryl A. Ivey, Deputy Clerk to the Board